Cobra's Market View

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.

• Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.

• Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.

• Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.

• I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to [email protected].

========================================================================================================================================================================

generally this rebound should be sold somewhere.

members only update starts here: http://www.cobrasmarketview.com/2016/06 ... ay-update/

SPX opening near 2037.. yellow horizontal line … mind the SPX 200d near the overnight lows 2020.

Fehro, I think we made a good decision in holding the puts and you going long gold..

SPX mind the open gaps..

TraderJoe wrote:Fehro, I think we made a good decision in holding the puts and you going long gold..

Thanks.. went short the SPY, long VXX and had shorts on OIL, IBB,.. but short on GLD .. not huge positions.. but wrong on that.. was expecting the dollar to pop.. which it did.. but gold went up too.. overall good.. but the GLD options expiring worthless this am.. and a few further out.. not so good… but not huge positions small.

8:27 AM 6/24/2016

The difficulty in making estimates for today is that one is guessing the govt buy/manipulation prgs not the market.
I would expect a push up then down and a zig-zag down with a downday FE:SE

With this strong caveat here is today's
2028.25 = mid
H/L est
2048.75
2007.50
41.25 = dif

I have reduced my range from the autoestimates from 69.50 to the 41
DDAuto Est:
2161.75
2092.25
69.50
2127.00

GLTA
Don't forget there is still next week for selling and Friday is Crooks' Day !

too stretched on the downside, so should be a rebound first then we'll see.

SPX 20w SMA at 2042, 50w 2024 200d 2020 - looking to 20w tag

"U.S. Federal Reserve says monitoring global markets, is prepared to provide dollar liquidity as necessary"

Spy 2 hour Heiken-Ashi. Another diamond top.Blown up.TGIF time to go wet a hook! Vote Cobra, glta.

I'm flat now.

Tried to put in some scalping trades but I found that the order entry/execution is very laggy and prices are hard to get.
Did a market order and it came back way off from where I thought (though I managed to make $200)
I'll probably see y'all on Monday.

Also...the carry trade since U.S. QE/Zirp/Nirp...USD/JPY WeeklyInvert cup measure eta ~ 3 years. Good weekend to all.

Pound, EWU, FTSE, Euro financials and Germany, 60 min

Nothing left open on the downside.

there are ISLAND GAPS all over the place

morning hourly hollow red.

The worst in London were the euro-banks
Here are the worst of our OEX large-caps so far today